FT News Briefing Friday, November 15
Nov 15, 2019
The US and China are entangled in a messy trade war, struggling to finalize a crucial deal. Lloyd Blankfein criticizes Elizabeth Warren's approach to wealth taxes, stirring up political controversy. Meanwhile, Jeff Bezos is contesting a massive military contract awarded to Microsoft, alleging bias. Google is stepping up efforts to safeguard user privacy by limiting advertiser access to personal data, raising concerns about health data security in the tech world. Trust in health technology remains vital as major players like Google navigate this complex landscape.
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Trade Deal Troubles
- The US and China struggle to finalize a 'phase one' trade deal.
- Disagreements persist regarding intellectual property, agricultural purchases, and technology transfer.
Blankfein vs. Warren
- Elizabeth Warren's campaign video criticizes billionaires opposing her wealth tax proposal.
- Lloyd Blankfein responded, accusing her of 'tribalism'.
Bezos Fights Back
- Jeff Bezos challenges the Trump administration's decision to award the $10 billion JEDI contract to Microsoft.
- Amazon alleges bias influenced by Trump's personal animosity towards Bezos.